US500 to find support at next Fibonacci retracement?

US500 - Intraday - We look to Buy at 4155 (stop at 4135)

Levels close to the 50% pullback level of 4170 found buyers.
A Fibonacci confluence area is located at 4164.
Bespoke support is located at 4150.
There is scope for mild selling at the open but losses should be limited.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.

Our profit targets will be 4205 and 4215

Resistance: 4220 / 4230 / 4235
Support: 4168 / 4164 / 4120

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FibonaccioandaSPX (S&P 500 Index)S&P 500 (SPX500)spx500longUS SPX 500Support and Resistancetradeideaus500us500long

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